U.S. Bank is on a journey to help customers and businesses make smarter financial decisions. The Non-Bank Mortgage Loan Originator role involves originating mortgage loans, conducting preliminary underwriting reviews, and managing loan applications while working primarily outside of U.S. Bank locations.
Responsibilities
- Originates mortgage loans in an assigned non-bank territory
- Takes applications, conducts preliminary underwriting reviews, submits loan applications to processing and underwriting for approval
- Follows-up to ensure that documents required for processing, underwriting, and closing are secured in a timely manner from appropriate sources
- Incumbents are customarily and regularly engaged in making and soliciting loan sales and conducting sales-related activities away from U.S. Bank locations
- Incumbents are expected to spend at least 50% of their time conducting their activities away from U.S. Bank locations
Skills
- High school diploma or equivalent
- Minimum one year of mortgage, sales, real estate, or banking experience
- Ability to travel
- National Mortgage Licensing System (NMLS) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z
- Well-developed sales ability
- Basic knowledge of pricing and underwriting requirements of various mortgage insurance companies
- Working knowledge of underwriting requirements for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors, as gained through on the job training or some real estate brokerage experience
- Basic knowledge of local, state and national laws (e.g., zoning ordinances, Truth-in Lending, RESPA, energy audit requirements, etc.)
- Ability to work independently
- Ability to analyze financial information
- Effective verbal and written communication skills
- Established referral base within assigned market preferred
- 2 years of mortgage loan origination experience with proven results
- This role is posted as remote; however, candidates who are located near any one of our locations would be required to work on site at least three days per week
- San Antonio, Houston and Austin markets
Benefits
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Company Overview
At U.S. It was founded in 1968, and is headquartered in Minneapolis, Minnesota, USA, with a workforce of 10001+ employees. Its website is http://www.usbank.com.
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